Thursday October 22, 2020

Aer Lingus boss in line for big payout

Christoph Mueller will need to fix the pension fund deficit to get the share price up and benefit from a €1.3m share option package, writes Fearghal O'Connor.

7th April, 2012
2
Christoph Mueller, chief executive of Aer Lingus: received a 500,000 share loyalty package last year. Photo: Bloomberg

Aer Lingus chief executive Christoph Mueller is on track for a share bonus worth at least €215,000 this September if the recent positive trend in the Aer Lingus share price continues.

But the Aer Lingus chief executive may need to find a solution for the airline's deficit-plagued pension fund if he is to benefit from a share option incentive package that over the next three years could be worth a minimum of €1.3 million.

The...

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